uSwap – a decentralized platform for exchanging Ethereum assets (1000 USP Airdrop ~ $1000)
Swap Ethereum assets in seconds, Earn Passively by providing liquidity to an assets pair.
Swaps: Token swaps in uSwap are a simple way to trade one ERC-20 token for another. For end-users, swapping is intuitive: a user picks an input token and an output token. They specify an input amount, and the protocol calculates how much of the output token they’ll receive. They then execute the swap with one click, receiving the output token in their wallet immediately.
Pools: Each uSwap liquidity pool is a trading venue for a pair of ERC20 tokens. When a pool contract is created, its balances of each token are 0; in order for the pool to begin facilitating trades, someone must seed it with an initial deposit of each token. This first liquidity provider is the one who sets the initial price of the